TEMPO Interactive, Jakarta:The Investment Coordinating Board (BKPM) chairman, Gita Wirjawan, said the regional champion program launched at the beginning of this year has managed to attract domestic and foreign investors. Regional champions are areas judged to be capable in helping other areas in initiating progressive investments. The provinces included in the program are Riau, South Sumatra, West Java, East Java, East Kalimantan, West Nusa Tenggara, and Papua.

Jakarta. US heavy equipment maker Caterpillar may pick Indonesia as its Southeast Asia manufacturing base, joining the likes of South Korea’s LG Electronics, which is also considering such a move, as Jakarta takes on regional rivals Vietnam and Thailand, Indonesia’s investment chief said.